The government’s projects of 100 million tonnes capacity under the [National Coal Gasification Mission](https://energy.economictimes.indiatimes.com/tag/national+coal+gasification+mission) would be started by 2030, though they will be at different stages, Balasaheb Darade, Founder and Managing Director, New Era Cleantech, told *ETEnergyWorld*.
He said that in the current scheme for ₹8,500 crore, there are 8 projects in progress which will gasify about 12 tonnes of coal. Under the new scheme, the government has allocated ₹37,500 crore which could be further increased.
With no operational coal gasification capacities at this point of time, the 100 million tonnes target may seem ambitious, but Balasaheb Darade, Founder and Managing Director of New Era Cleantech says, “We believe that by 2030 India will have 100 million tonnes coal gasification capacities at different stages of development”.
He added that China processes about 350 million tonnes of coal per annum but for them too this has been a long journey that started in 1995. “According to our company’s internal calculation, by 2047, there is an opportunity to gasify about 250 million tonnes of coal which can lead to [import substitution](https://energy.economictimes.indiatimes.com/tag/import+substitution) to the tune of ₹5,000 crore to ₹7,000 crore,” he said.
Projected forex savings from these ongoing projects to produce downstream products, ammonium nitrate, synthetic gas, ethanol, hydrogen and direct reduced iron will lead to savings to the tune of ₹15,900 crore through import substitution according to the Ministry of Coal.
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The government’s projects of 100 million tonnes capacity under the [National Coal Gasification Mission](https://energy.economictimes.indiatimes.com/tag/national+coal+gasification+mission) would be started by 2030, though they will be at different stages, Balasaheb Darade, Founder and Managing Director, New Era Cleantech, told *ETEnergyWorld*.
He said that in the current scheme for ₹8,500 crore, there are 8 projects in progress which will gasify about 12 tonnes of coal. Under the new scheme, the government has allocated ₹37,500 crore which could be further increased.
With no operational coal gasification capacities at this point of time, the 100 million tonnes target may seem ambitious, but Balasaheb Darade, Founder and Managing Director of New Era Cleantech says, “We believe that by 2030 India will have 100 million tonnes coal gasification capacities at different stages of development”.
He added that China processes about 350 million tonnes of coal per annum but for them too this has been a long journey that started in 1995. “According to our company’s internal calculation, by 2047, there is an opportunity to gasify about 250 million tonnes of coal which can lead to [import substitution](https://energy.economictimes.indiatimes.com/tag/import+substitution) to the tune of ₹5,000 crore to ₹7,000 crore,” he said.
Projected forex savings from these ongoing projects to produce downstream products, ammonium nitrate, synthetic gas, ethanol, hydrogen and direct reduced iron will lead to savings to the tune of ₹15,900 crore through import substitution according to the Ministry of Coal.
https://preview.redd.it/gmknezm2r0fh1.png?width=1638&format=png&auto=webp&s=cb57d914eee63977f32e1a8be3342d51418739fd